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Bullboard - Stock Discussion Forum Numinus Wellness Inc T.NUMI

Alternate Symbol(s):  NUMIF

Numinus Wellness Inc. is a mental health care company. The Company focuses on advancing traditional and behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies. Its segments include Clinical research operations, Practitioner Training, Clinic network, and Corporate. Clinical research operations segment is focused on licensed psychedelic research and... see more

TSX:NUMI - Post Discussion

Numinus Wellness Inc > Finance Deals
View:
Post by Retireyoung on Mar 15, 2021 10:51am

Finance Deals

I really hate these finance deals. Always under value the stock and screw shareholders.
Comment by McBabbles on Mar 15, 2021 11:30am
The other way to look at this, is these bought deals give everyone an opportunity to get in at a discount.  I personally use this strategy for most venture stocks.  I added 1/3 position today at $1.17
Comment by Retireyoung on Mar 15, 2021 11:55am
Yeah that is fair. I can always do that but I probably have enough shares already.
Comment by LatAmBull on Mar 15, 2021 12:14pm
You hate when the small cap Company that you have invested in gets a huge boost to its balance sheet, which increases the prospects of it funding its business plan and becoming a successful Company?  Sure, the stock price can come down for a few days, but for the medium and long-term it is an incredibly positive development. A $35MM bought deal is a massive testament to the viability of the ...more  
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